The Georgia Ports Authority Board approved Monday $86.5 million to purchase four new ship-to-shore cranes and 20 new rubber-tired gantry cranes (RTGs) used to handle containers at Garden City Terminal. “Our continued infrastructure investments…
Global chart distributor Nautisk has announced two new appointments to its senior management team. Peter Johan Pran has been appointed Acting Head of Global Sales, whilst Gunnar Aarstad has taken up the position of Acting Head of Global Operations…
NewLead Holdings Ltd. (NASDAQ: NEWL) said that 'Newlead Albion', a 2012-built dry-bulk eco-type Handysize vessel of 32,318 dwt, was delivered to NewLead's fleet on Monday, May 19, 2014.The Newlead Albion is trading on the spot market and is expected to generate $2…
Nordic Shipholding A/S has been informed that Pacific Alliance Group (“PAG”), which controls Nordic Shipholding’s majority shareholder, Nordic Maritime S.á r.l., has entered into an agreement with BW Group regarding the establishment of a joint…
In the first quarter of 2014 total throughput in the Port of Hamburg reached 35.6 million tons, representing 8.6 percent growth. Both general cargo throughput totalling 25.2 million tons (+ 10.8 percent), and bulk cargo throughput at 10.4 million tons (+ 3…
Russian Urals prices in the Mediterranean held close to a 14-month low on Wednesday due to very weak refining margins in the region and cheaper alternative grades. Vitol offered a 140,000 tonne cargo from Novorossiisk for loading May 24-28 at dated Brent minus $1…
Kongsberg Maritime and Lycée Maritime Jacques Cassard in Nantes have signed a contract for the delivery of an advanced Engine Room Simulator. The K-Sim Engine delivery will consist of an instructor station and eight student stations, with two…
Great Lakes Shipyard hauled out the United States Coast Guard Cutter Biscayne Bay using its 770-ton capacity Travelift. The repair contract that started on May 7, 2014, includes drydocking and routine maintenance such as: Hull Plating…
Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate's shipping offshoot Zim, first set out in January and which has now received a key government go-ahead. An Israel Corp spokesman said shareholders of the group…
Volunteers, soldiers build sandbag defences At least 38 killed in Balkan region Bosnia says 1 million cut off from clean water More than a quarter of Bosnia's four million people have been affected by the worst floods to hit the Balkans in more than a century…
The providers of the system, SevenCs inform that after a series of trials with different Portable Pilot Units (PPU) the Portsmouth Pilots have selected ORCA Pilot G2 as their navigation tool of choice.The new software is produced by SevenCs…
Advanced 3D design and simulation software was used to recreate the technological and engineering innovations of WWII as a part of the seventieth anniversary of D-Day and the Invasion of Normandy, apprise project leaders, France’s Dassault Systèmes…
The Great Lakes shipping industry is calling on Congress to quickly pass the Water Resources Reform and Development Act (WRRDA) approved by the House/Senate conference committee. The bill contains provisions that will significantly reduce the…
International developer of simulators and virtual training software, Rotterdam-based VSTEP, says it has appointed Joost van Ree as head of sales with responsibility for worldwide sales and growth of the company’s simulator products.Van Ree…
The Maritime Administration (MARAD) today announced an organizational realignment that it said will strengthen the Agency’s ability to ensure the nation has sufficient capability to meet sealift needs during conflicts or national emergencies…